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2023 Flavoring Syrup And Concentrate Market Report: Global Top Most Companies, Size, Trends And Upcoming Forecasts 2032
Flavoring Syrup And Concentrate Market
As per the flavoring syrup and concentrate market report by The Business Research Company, The growth of the flavouring syrup and concentrate manufacturing markets is aided by stable economic growth forecasted in many developed and developing countries.
The global flavoring syrup and concentrate market grew from $55.35 billion in 2022 to $59.49 billion in 2023 at a compound annual growth rate (CAGR) of 7.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The flavoring syrup and concentrate market is expected to grow to $76.39 billion in 2027 at a CAGR of 6.5%.
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Major competitors in the flavoring syrup and concentrate market include The Coca-Cola Company, Ingredion Incorporated, Archer-Daniels-Midland Company (ADM), Kerry Group plc, Keurig Dr Pepper Inc., Meiji Holdings Co Ltd., The Hershey Company, Sensient Technologies Corporation, Monster Beverage Corporation, and TreeHouse Foods
The flavoring syrup and concentrate market is segmented -
By Type: Syrups, Molasses, Sweet Spreads, Jam, Jellies, Preservatives, Savory Spreads
By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channels
By Application: Beverages, Dairy & Frozen Desserts, Confectionery, Bakery
By Flavors: Fruit, Chocolate, Vanilla, Coffee, Herbs & Seasonings, Other Flavours
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the flavoring syrup and concentrate market.
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Flavoring syrups and concentrates are liquids that are made by dissolving sugar in water or by reducing naturally sweet juices. the main types of flavouring syrup and concentrate used for flavouring are syrups, molasses, sweet spreads, jams, jellies, preservatives, and savoury spreads. Molasses is a thick, dark to light brown syrup that is extracted from raw sugar during the sugar manufacturing process. Fruit, chocolate, vanilla, coffee, herbs & seasonings, and other distribution channels are among the flavours used in beverages, dairy & frozen desserts, confectionery, and bakery.It is distributed through various channels such as supermarkets and hypermarkets, convenience stores, e-commerce, and other distribution channels.
The Table Of Content For The Flavoring syrup and concentrate market Include:
1. Executive Summary
2. Report Structure
3. Flavoring Syrup And Concentrate Market Characteristics
4. Flavoring Syrup And Concentrate Market Product Analysis
5. Flavoring Syrup And Concentrate Market Supply Chain
.......
21. Key Mergers And Acquisitions In The Flavoring Syrup And Concentrate Market
22. Market Background: Syrup, Seasoning, Oils, & General Food Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer
The "Global Flavoring syrup and concentrate market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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